Ford Motor Co. said on Friday that China’s sales rose 25% in July to September from the same period a year earlier to 164,352 vehicles, which attributed the increase in product launch and a localization strategy.
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The result represents Ford̵7;s second consecutive increase in sales in the world’s largest car market following a nearly three-year decline.
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The Dearborn, Michigan-based firm manufactures automobiles in China through joint ventures with Chongqing Changan Automobile Co. Ltd. and Jiangling Motors Corp Ltd.
On Monday, US rival General Motors Co. said China’s sales grew 12% in July-September to 771,400 vehicles.
Overall car sales in China grew by 13% in September, 12% in August and 16% in July.
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(Reporting by Yilei Sun and Brenda Goh; Editing by Muralikumar Anantharaman and Christopher Cushing)